king bone

So, What’s the Truth?
Yes, #xrp holders will receive NIGHT tokens, but only if they meet the eligibility. According to the official 45-page whitepaper released by the Midnight team, the airdrop is being shared across eight blockchains. These include Cardano, Bitcoin, Ethereum, Solana, BNB Chain, Avalanche, BAT, and XRP.
To qualify, you needed to hold at least $100 worth of XRP when the snapshot was taken on June 11, 2025.There’s no need for KYC or any fees—claiming is as simple as signing with your wallet and submitting a valid Cardano address. However, the tokens will be locked at first, and 25% will unlock slowly over a year.How Did We Find That Out?
There’s no need for KYC or any fees—claiming is as simple as signing with your wallet and submitting a valid Cardano address. However, the tokens will be locked at first, and 25% will unlock slowly over a year.
How Did We Find That Out?
The Midnight team detailed all of this in their whitepaper, breaking down the token supply and distribution plan. Out of the total NIGHT token supply, 50% (12 billion tokens) is set aside for Cardano
Bitcoin holders will receive the next biggest share, 20%, which is about 4.8 billion NIGHT tokens.
The final 30% (7.2 billion NIGHT tokens) will be shared equally among six other blockchains: XRP, BAT, ETH, BNB, SOL, and AVAX.
That means XRP holders are eligible to claim around 1.2 billion NIGHT tokens from this pool.

## Introduction
The #WCT token (Web Chain Token or other project-specific name) is more than just a cryptocurrency—it’s a multi-functional asset designed to drive utility, governance, and economic incentives within its native blockchain ecosystem. While many tokens serve a single purpose (e.g., payments or governance), WCT is engineered to be a versatile, multi-utility token that enhances user engagement, secures the network, and enables seamless cross-chain interactions.
This in-depth analysis explores real-world applications of WCT tokens, breaking down their core use cases and explaining why they are essential to the growth of decentralized platforms.
---
## 1. Core Utility: Transaction Fuel for the Ecosystem
### a. Gas Fees & Network Operations
Like ETH on Ethereum or BNB on BSC, WCT tokens are used to pay for:
- Smart contract executions
- Token transfers
- DApp interactions
Why it matters?
- Ensures spam resistance by requiring fees for transactions.
- Incentivizes validators/miners to process transactions.
### b. Discounted Fee Structures
Some platforms offer fee discounts for users who:
- Pay fees in WCT tokens (e.g., Binance’s BNB discount model).
- Stake WCT to reduce transaction costs.
---
## 2. Governance: Decentralized Decision-Making
WCT tokens often function as governance tokens, allowing holders to:
### a. Vote on Protocol Upgrades
- Changes to block rewards
- Adjustments to transaction fees
- New smart contract deployments
### b. Treasury & Funding Proposals
- Community decides how ecosystem funds are spent (e.g., grants, marketing, partnerships).
- Example: Uniswap’s UNI token governance controls millions in treasury funds.
### c. Delegated Voting
- Users can delegate voting power without transferring tokens (similar to Compound’s COMP).
Why it matters?
- Prevents centralized control by developers or whales.
- Encourages long-term holding (users who stake WCT have more voting power).
---
## 3. Staking & Network Security
### a. Proof-of-Stake (PoS) Validation
- Users lock WCT tokens to become validators.
- Earn staking rewards (inflation-based or fee-sharing).
### b. Delegated Staking (For Passive Income)
- Small holders delegate WCT to validators and earn a share of rewards.
- Similar to Cosmos (ATOM) or Polkadot (DOT) staking.
### c. Slashing Mechanisms (Security Enforcement)
- Malicious validators lose staked WCT if they act dishonestly.
Why it matters?
- Increases network security (higher stake = more expensive to attack).
- Provides passive income for long-term holders.
---
## 4. Access to Premium Features & Services
### a. Tiered Benefits in DApps
- Lower trading fees on DEXs (e.g., holding WCT reduces swap costs).
- Exclusive NFT drops for WCT holders.
### b. Subscription & Membership Models
- Some DeFi platforms require WCT holdings for premium analytics tools.
- Example: Chainlink’s LINK is needed to request oracle data.
### c. Early Access & Whitelists
- ICO/IDO whitelisting for WCT stakers.
- Priority access to new DeFi pools.
---
## 5. Incentivization: Rewarding Participation
### a. Liquidity Mining (Yield Farming)
- Users who provide liquidity in WCT pairs earn extra tokens.
- Example: Curve Finance’s CRV rewards.
### b. Referral & Affiliate Programs
- Earn WCT for bringing new users to the platform.
### c. Bug Bounties & Developer Grants
- Paid in WCT for finding vulnerabilities or building tools.
---
## 6. Cross-Chain & Interoperability Solutions
### a. Bridge Asset for Multi-Chain Swaps
- WCT acts as a wrapped asset (like Wrapped Bitcoin) to move value across chains.
### b. Gas for Cross-Chain Transactions
- Paying fees in WCT when using inter-blockchain communication (IBC) protocols.
### c. Unified Governance Across Chains
- WCT holders vote on multi-chain DAO proposals.
---
## 7. Real-World Use Case Examples
| Industry | WCT Token Use Case |
|-------------|----------------------|
| DeFi | Collateral for loans, liquidity mining rewards |
| Gaming | In-game currency, NFT purchases |
| NFTs | Royalty payments, marketplace governance |
| Enterprise | Supply chain tracking payments |
| SocialFi | Monetizing content, tipping creators |
---
## Conclusion: WCT Tokens Are the Backbone of Their Ecosystem
WCT tokens are not just speculative assets—they serve as:
🔥 Fuel for transactions and smart contracts.
🗳️ Governance tools for decentralized control.
💰 Passive income generators via staking & yield farming.
🔓 Access keys to premium blockchain services.
🌉 Bridges for cross-chain interoperability.
Future Potential:
As blockchain adoption grows, WCT tokens could expand into:
- Real-world asset (RWA) tokenization
- AI-powered DeFi strategies
- Decentralized identity (DID) systems
### Final Thoughts
The true value of WCT tokens lies in their utility. Projects with strong use cases (like Ethereum, Uniswap, or Chainlink) thrive because their tokens are essential, not just tradable.
Want to invest in WCT tokens? Always check:
✅ Tokenomics (inflation, max supply, distribution).
✅ Adoption rate (Are major platforms integrating WCT?).
✅ Roadmap (Upcoming features that increase demand). #wct @WalletConnect

Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office.Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came in response to concerns over President Donald Trump’s financial ties to cryptocurrency ventures.
The bill was introduced by Senator Adam Schiff and co-sponsored by nine other Democratic lawmakers, following reports that Trump earned $57.4 million in 2024 through World Liberty Financial, a crypto platform linked to his family.
Schiff said the president’s digital asset activities have raised serious ethical and constitutional concerns, pointing to what he described as Trump’s use of public office for personal financial gain.
The COIN Act has been tailored to prevent what its sponsors call the “financial exploitation of digital assets” by elected officials and their immediate families.
According to the text of the COIN Act, the legislation would prohibit current and former public officials, including the president, vice president, members of Congress, and high-ranking executive officials, from issuing, sponsoring, or promoting digital assets such as meme coins, NFTs, and stablecoins.
This restriction would apply for 180 days prior to taking office and continue for two years after leaving office. Immediate family members would also be subject to the same rules.

Even with macro pressures weighing heavy, Tether [USDT] just minted another $1 billion in USDT. According to AMBCrypto, it is a move that feels more intentional than routine. Why? The market’s reaction to recent FUD has been surprisingly muted. Dips were quickly bought, and the price structure held firm. That kind of resilience usually signals strong hands lurking just beneath the surface. Now, with new liquidity in play, smart money could be lining up to rotate in. That said, will Tether’s quiet vote of confidence in Bitcoin [BTC] pay off? Tether’s strategic mint amid liquidity prep Tether just minted $2 billion in USDT on the TRON blockchain, split across two $1 billion tranches. This, after a $1 billion mint on Ethereum back on 18 June, just ahead of the U.S Fed’s latest FOMC meeting. Here, the timing hasn’t been random. Recently, USDT mints have often coincided with macro-driven market stress, suggesting Tether may be prepping for a demand surge. And, it’s already showing signs. Since Middle East tensions flared, USDT’s circulating supply has quietly dropped by 150 million – Aligning with a 2.35% drawdown in Bitcoin. This could be a sign that capital is rotating into stablecoin sidelines – A classic risk-off behavior. So, does the latest $2 billion USDT mint reflect a market retreat, putting Bitcoin’s support structure under pressure? Not quite. As AMBCrypto highlighted, the market’s reaction has been remarkably shallow. And more tellingly, on 22 June, USDT net inflows to exchanges hit a one-month high of 785 million. From a structural standpoint, rising stablecoin inflows typically precede greater market participation. It’s a sign that the capital’s gearing up to deploy. Liquidity loads up, Bitcoin awaits the trigger As long as Bitcoin holds its ground, that fresh $2 billion in USDT could turn out to be a game-changer. Even with markets feeling risk-off, BTC is still flowing out of spot exchanges. It is not exactly what you’d expect if people were panicking. Looks more like traders see this drop as a dip worth buying. And, if USDT keeps flowing in and smart money starts nibbling, that sidelined capital could light the fuse for Bitcoin’s next breakout. If that happens, Tether’s big strategic deployment might just pay off in a big way for BTC’s price action – A trend well worth watching in the days ahead.#Write2Earn #USDT #bitcoin